IN FRONT

During a frenetic week in July, the
Department of Labor filed a brief
defending its fiduciary rule, as well as
a Request For Information signaling
its willingness to amend the rule.
We explain how the DOL came to
seemingly opposite conclusions.

The shorter surrender periods and no surrender charges are the result of annuity companies offering fee-based financial advisors new options that coincide with the dawn of the Department of Labor’s fiduciary rule.